Tag Archives: Hover

Stock futures open mixed to hover below records

Stock futures traded mixed Wednesday morning as investors digested a set of mixed corporate earnings results from more major retailers.  Contracts on the S&P 500 and Nasdaq were slightly higher, while the Dow pointed to a lower open. Tesla (TSLA) shares extended gains in early trading after jumping 4% for their first rise in four sessions on Tuesday. Peloton (PTON) shares dipped after surging by nearly 16% on Tuesday in its best day since May 2020, after the company announced a secondary… Source link

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Stocks hover near breakeven as market awaits Fed; Tesla drops

Stocks hovered near the unchanged market on Tuesday after a record-setting session, with investors keeping their powder dry ahead of a closely-watched policy decision by the Federal Reserve. On Tuesday, blue chip shares rose modestly, but tech stocks dipped, weighed by a drop in Tesla (TSLA) after CEO Elon Musk downplayed the expected impact of a deal with car rental giant Hertz.  Each of the S&P 500, Dow and Nasdaq rallied to fresh highs on Monday as more corporate earnings results exceeded… Source link

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Stock futures rise to hover near all-time highs

Stock futures moved to the upside Monday morning, extending last week’s gains and holding near all-time highs at the start of a busy week for new economic data. Contracts on the S&P 500 and Nasdaq each traded a tick above the flat line after the indexes set record highs last week. Dow futures also edged up, with gains in shares of Amgen and Home Depot leading the way higher. Optimism that the Federal Reserve will not immediately and jarringly remove its highly accommodative monetary policies… Source link

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Stock futures hover near all-time highs

Stock futures opened near the flat line Tuesday evening after another record-setting day for Wall Street, with the S&P 500 and Dow each rallying to all-time highs on the back of the U.S. Senate passage of a major infrastructure bill. Contracts on the S&P 500 drifted sideways. Earlier, the blue-chip index and the Dow each both reached record intraday and closing highs, with shares of industrials and materials companies, as well as other names closely tied to the economic recovery leading the… Source link

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Bitcoin Reverses Weekend Rally to Hover Near $40,000 Level

(Bloomberg) — Bitcoin pulled back to $40,000 after climbing over the weekend to the highest levels since May. The largest cryptocurrency was trading at $40,226 as of 8:28 a.m. in London after falling as much as 4.9% Monday. Other virtual coins including second-ranked Ether also fell. Analysts suggested profit-taking lay behind the declines. This is “just a normal pullback following bullish action,” said Vijay Ayyar, head of Asia Pacific with crypto exchange Luno in Singapore. The declines… Source link

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